Visit https://www.xe.com/currencyconverter/ and capture the mid-rate for the currency you have selected (express it as foreign currency to 1 unit of CAD). Since currencies are in constant fluctuation, capture a screenshot of the conversion. Make sure your screenshot includes the date and time on your computer screen in your bottom right corner. 3. So, let's pretend that you went to your local bank and acquired the foreign funds to pay for that product in the foreign currency. You know your bank charges a 1.25% commission on its sell rate and 1.15 % commission on its buy rate . Use the mid-rate you captured to calculate the exchange rate charged at your bank. Calculate the CAD total inclusive price to acquire each product if you used your bank to do the currency exchange. Do NOT use ebay's estimated CAD conversion. Part 2: Currency Fluctuation Impact on Business Operations The currency market has fluctuated, and the currency exchange rate is now different. Use the same product 1. No less than 3 business days after you completed step 2 above, repeat steps 2 and 3 in Part 1. Ensure your currency exchange rate screen capture includes date/time information in the bottom right corner of your screen. 2. Provide an explanation on what happened after the three days, why, and how it impacts your business operations. Part 3: Ship and Pay for the Product Those products need to get from the country of manufacture to your business here in Canada. Use the same product. Explain how the product would most likely be shipped from its source to Winnipeg. Estimate the amount of time for delivery. APA citation of your sources to justify your choices. 2. Create an actual invoice that the manufacturer would send your company. Be sure to include all invoicing elements and develop suitable terms of payment including late penalties that are in alignment with your distribution method above. Use your CAD price from Part 1, step 3 above. Provide explanation to justify your terms of payment selection. 3. Pay this invoice under three (3) different scenarios. For each scenario, explain the impact upon your business operations: a. Full payment is made within the first discount period. b. Two payments are made to clear the invoice. At least one of the payments must be within a discount period. C. Two different payments (not the same as (b) above) are made to clear the invoice. One payment is made anywhere before the end of the credit period, the other occurs late